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How To Select The Right REO Business Model 315

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Description:

REO agents have countless options from which to choose when it comes to making money. Certain strategies work better for different reasons, whether it's because of their personalities, time commitments or personal preferences.

Finding the right REO business model that is right for you is critical.

Troy L. Peterson specializes in matching real estate professionals with the REO business models that will help them maximize their profit potential. He draws from nearly two decades of industry experience, preparing agents and brokers for the daily operations of running successful REO listing businesses and their related expenses.

Whether you are an independent agent, broker or manage an entire REO division, this high-level course offered through Foreclosure.com Agent University will help you not only select the right business model, but also understand the challenges and benefits inside-out.

This course will cover:

  • Types of REO business models
  • Cost considerations
  • Legal relationships
  • Maximizing property value
  • Managing process and billing

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Presenter:


Troy L. Peterson

Troy L. Peterson is a licensed real estate broker and investor who specializes in helping others achieve their real estate dreams. He has been in the business for nearly 20 years and has seen and worked in all kinds of markets and many types of deals, ranging from simple residential to large commercial developments.
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Major Accomplishments:

  • Bought his first property with no money down in 1994
  • Rehabbed many single-family properties to resell for profit
  • Purchased several properties "subject to"
  • Has held income property in several states
  • Wholesaling properties for cash flow
  • Served as a listing agent for Fannie Mae, Freddie Mac and several large REO institutions
  • Managed the acquisition and resale of HUD-owned property throughout the United States

Areas of Focus:

  • Foreclosures
  • Short sales
  • Private funding
  • Creative financing
  • New developments
  • Commercial

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